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2. Significant Accounting Policies: Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)
12 Months Ended
Aug. 31, 2020
Tables/Schedules  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

2020

2019

 

 

 

 

 

 

Net income

$

2,784,525

 

$

2,100,452

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

3,623,413

 

 

4,233,304

 

 

 

 

 

 

Effect of dilutive securities

 

 

 

 

 

Stock options

 

-

 

 

-

 

 

 

 

 

 

Diluted weighted average number of common shares outstanding

 

3,623,413

 

 

4,233,304

 

 

 

 

 

 

Basic and diluted earnings per common share

$

0.77

 

$

0.50